Ocean Breeze Farm, a 1,4oo-acre property owned by two-time Kentucky Derby-winning owner, has been listed for sale, with the possibility of non-horse farm development, Daily Racing Form reports.
Located in Bonsall, Calif., the property was purchased by Reddam in 2014. It was previously the site of the vaunted Vessels Stallion Farm, which stood top Thoroughbred sire In Excess and all-time great Quarter Horse sire First Down Dash.
The farm is listed at $75 million. Reddam said he did not expect a sale in the immediate future, but he was interested in testing the market on the property.
“We're putting it all up for sale and we'll see what happens,” he told DRF. “You don't know what a prospective buyer would want. Someone could want to keep the property. It could be a developer or a horse ranch guy who doesn't want to develop.”
Ocean Breeze Farm is currently the home of stallions I'll Have Another, Pavel, and Listing. Square Eddie, formerly the farm's cornerstone stallion, was pensioned due to infertility in 2020. Reddam acknowledged that the breeder reception for Kentucky Derby winner I'll Have Another has underwhelmed since his return from Japan in 2019, and the other stallions on the farm lacked broad commercial appeal in a rapidly shrinking California breeding industry.
In total, Reddam and his wife Zillah have about 100 horses on the property, with plans to downsize both the racing and breeding operations.
Read more at Daily Racing Form.
To view the listing, click here.
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